Wednesday October 17, 2012

Ummm, Best Buy employees should feel more threatened by the people running their company, not online retailers like Amazon.

As you probably guessed, most of the products scanned came up with lower prices on Amazon, with 100% of electronics and toys costing less online than at any of the retailers. But that didn’t phase the employees at Target and Walmart, who told the analyst they don’t consider Amazon a material threat. It’s a different story for the crew in blue at Best Buy, who "were less enthused about the ability of their firm to survive the impact from Amazon."